Process Tracking System for Accounts Receivable

Faster Cash Application and Discrepancy Management Automate and Optimize Accounts Receivable

Dolphin’s Process Tracking Solution for Accounts Receivable (PTS-AR) solution supports the entire cash application process, including the capture of multiple receipt options, cash application, and exception handling, so that you can increase the accuracy and efficiency of your Accounts Receivable team and improve cash flow.
Automatically Capture Remittance Advice Items Automatically capture check and remittance images, including any supporting documents, so they can be access directly from within SAP applications. Using the Remittance Advice Gateway, the Dolphin Process Tracking system is able to capture of remittance advice statement details from a plain text e-mail body, .CSV, .TXT or .XLS file and match them automatically to a decoupled electronic payments including ACH and wire transfers. The Remittance Advice Gateway is completely configurable, so organizations can automatically parse the remittance advice data to resolve open items and match reason codes, which significantly  simplifies the cash application process. The Remittance Advice Gateway can be used in conjunction with other automated capture technologies such as Optical Character Recognition (OCR) or web download automation components to further improve the speed of cash application. Faster Processing with Cash Application Workflows Apply cash quickly with best practice-based SAP workflows that are designed to automatically present and match the remittance advice items. Once the auto-match process has taken place, any exceptions – including payments on account, partial applications and unidentified remittances – can easily be tracked and routed to the appropriate user so  automate the process and provide visibility across the organizations. A powerful InfoCenter, or dashboard, allows users to track every payment processed using discrete status codes so you can track payments at various stages of the process. Advanced Discrepancy Management Payment mismatches are automatically routed so users can clear any discrepancies quickly, facilitating case management of residual items, charge backs and other credit/debit reason code workflows, often replacing manual spreadsheet, email or paper-based processes. The entire history of the workflow along with any notes serves as an audit trail and is always available for audit or customer service purposes. Complete Document Trail Critical to the timely management of exceptions is having immediate access to supporting documents such as signed proofs of delivery, purchase orders, bills of exchange and more. Users can easily aggregate, print or email documents on the spot. Download_PDF        

Process Tracking System for Accounts Receivable

Faster Cash Application and Discrepancy Management

Automate and Optimize Accounts Receivable

Dolphin’s Process Tracking Solution for Accounts Receivable (PTS-AR) solution supports the entire cash application process, including the capture of multiple receipt options, cash application, and exception handling, so that you can increase the accuracy and efficiency of your Accounts Receivable team and improve cash flow.

Automatically Capture Remittance Advice Items

Automatically capture check and remittance images, including any supporting documents, so they can be access directly from within SAP applications. Using the Remittance Advice Gateway, the Dolphin Process Tracking system is able to capture of remittance advice statement details from a plain text e-mail body, .CSV, .TXT or .XLS file and match them automatically to a decoupled electronic payments including ACH and wire transfers.

The Remittance Advice Gateway is completely configurable, so organizations can automatically parse the remittance advice data to resolve open items and match reason codes, which significantly  simplifies the cash application process. The Remittance Advice Gateway can be used in conjunction with other automated capture technologies such as Optical Character Recognition (OCR) or web download automation components to further improve the speed of cash application.

Faster Processing with Cash Application Workflows
Apply cash quickly with best practice-based SAP workflows that are designed to automatically present and match the remittance advice items. Once the auto-match process has taken place, any exceptions – including payments on account, partial applications and unidentified remittances – can easily be tracked and routed to the appropriate user so  automate the process and provide visibility across the organizations. A powerful InfoCenter, or dashboard, allows users to track every payment processed using discrete status codes so you can track payments at various stages of the process.

Advanced Discrepancy Management
Payment mismatches are automatically routed so users can clear any discrepancies quickly, facilitating case management of residual items, charge backs and other credit/debit reason code workflows, often replacing manual spreadsheet, email or paper-based processes. The entire history of the workflow along with any notes serves as an audit trail and is always available for audit or customer service purposes.

Complete Document Trail
Critical to the timely management of exceptions is having immediate access to supporting documents such as signed proofs of delivery, purchase orders, bills of exchange and more. Users can easily aggregate, print or email documents on the spot.

Download_PDF